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Author Topic: BEWARE of FAKE CASASCIUS COINS  (Read 21100 times)
minerjones
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April 12, 2018, 11:38:56 AM
 #61

From what I read in previous posts, ANACS graded a SOL NOCTIS that was a China fake.

This from what I understand this can happen with any Physical Bitcoin at a  coin grading service? In other words they will give it a grade on condition but not on authenticity?

Correct.
I sent in a "2016" Sol Noctis from China... and came back with a nice MS69

And yes....  they will grade anything as long as they are getting paid  (just look at the graded Satori chips, MS69? really?)   

And I think they couldn't afford to authenticate anything... lol

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April 12, 2018, 11:43:54 AM
 #62

This from what I understand this can happen with any Physical Bitcoin at a  coin grading service? In other words they will give it a grade on condition but not on authenticity?

I'd never bother with a grader myself, but I would presume their job is purely to cast a judgement on the condition of the lump of metal placed in front of them and no more. They can't be the arbiter of everything as there must be plenty of coins they have no knowledge of.

If something's valuable it's down to the buyer and seller to verify it.


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April 12, 2018, 11:56:32 AM
 #63

This from what I understand this can happen with any Physical Bitcoin at a  coin grading service? In other words they will give it a grade on condition but not on authenticity?

I'd never bother with a grader myself, but I would presume their job is purely to cast a judgement on the condition of the lump of metal placed in front of them and no more. They can't be the arbiter of everything as there must be plenty of coins they have no knowledge of.

If something's valuable it's down to the buyer and seller to verify it.




Yes at the moment that is all we have. But that's why we NEED a company to authenticate our coins.

Its not IF it will happen but WHEN.

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April 14, 2018, 04:58:28 PM
Last edit: April 17, 2018, 09:03:15 PM by krogothmanhattan
 #64

For anyone following this thread, a new one has been made on

[REFERENCE] BREACHED or SCAM COINMAKERS LIST
https://bitcointalk.org/index.php?topic=3315347.0

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April 17, 2018, 06:31:20 PM
 #65

A new one to add to the list (sort of), same seller just gold plated his fake 2011 Casascius coin here- https://www.ebay.com/itm/202291230811?ul_noapp=true
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April 18, 2018, 10:37:31 AM
 #66

Yes Ty..it is the same seller.
 The scammers keep on scamming no matter what.
 As MJ said, he was also asking to make holos with the idea to even make his forgery more realistic.
 We got to keep an eye on this scum.

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April 23, 2018, 09:11:39 PM
Last edit: April 24, 2018, 12:59:15 PM by krogothmanhattan
Merited by ChiBitCTy (5)
 #67

Just bought two REAL CASASCIUS 2011 coins from this ebay seller sellwynnm

https://m.ebay.com/itm/Original-2011-Casascius-Original-Owner-no-virtual-value-/202287854894

   He posted pics of legit cas coins but then sent me the forgeries. If it was anyone else they would have been fooled! They are that well made. He operates out of Canada.



https://i.imgur.com/kLgBo3q.jpg

He will be refunding me my money...but damn how do you post pics of real and send fakes?

Anyway...he refunded my within less than an hour. He claimed he used google pics for posting and not aware what he had were fakes



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April 24, 2018, 12:40:09 PM
 #68

Just bought two REAL CASASCIUS 2011 coins from this ebay seller sellwynnm

https://m.ebay.com/itm/Original-2011-Casascius-Original-Owner-no-virtual-value-/202287854894

   He posted pics of legit cas coins but then sent me the forgeries. If it was anyone else they would have been fooled! They are that well made. He operates out of Canada.




He will be refunding me my money...but damn how do you post pics of real and send fakes?

Anyway...he refunded my within less than an hour. He claimed he used google pics for posting and not aware what he had were fakes




Holy shitballs, that is scary.  Do you have photos of the fakes?

To err is human, to moo is bovine...
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April 24, 2018, 12:41:44 PM
 #69

Just bought two REAL CASASCIUS 2011 coins from this ebay seller sellwynnm

https://m.ebay.com/itm/Original-2011-Casascius-Original-Owner-no-virtual-value-/202287854894

   He posted pics of legit cas coins but then sent me the forgeries. If it was anyone else they would have been fooled! They are that well made. He operates out of Canada.




He will be refunding me my money...but damn how do you post pics of real and send fakes?

Anyway...he refunded my within less than an hour. He claimed he used google pics for posting and not aware what he had were fakes



Holy shitballs, that is scary.  

Edit to add:  I see the coin was peeled, so a bit less scary, but when they successful fake the holo with first bits that check out, oh my....

To err is human, to moo is bovine...
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April 24, 2018, 01:15:01 PM
 #70

Les..yes you have to give time for the pic to load..I also added a link

Let me tell you something..for the untrained eye..these look like the real deal.

I had to use a magnifying glass to confirm they were fakes.

The photo flash and zoom help alot too...but for the unwary customer, they will be fooled very easily.

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krogothmanhattan
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April 27, 2018, 09:13:57 PM
Merited by ChiBitCTy (5)
 #71

Another fake or forgery popping  up on Ebay..this time its from a new user newbie.

Ebay has been contacted about this and will hopefully shut down the auction.



https://www.ebay.com/itm/Casascius-1-Bitcoin-2011-Bitcoin-Free-Shipping/163019569743?hash=item25f4b93a4f:g:UTcAAOSwWFFa4etE

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Reliable escrow service at your disposal

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April 27, 2018, 09:51:29 PM
 #72

Another fake or forgery popping  up on Ebay..this time its from a new user newbie.

Ebay has been contacted about this and will hopefully shut down the auction.



https://www.ebay.com/itm/Casascius-1-Bitcoin-2011-Bitcoin-Free-Shipping/163019569743?hash=item25f4b93a4f:g:UTcAAOSwWFFa4etE


At that point just don't buy any coin that you can't trace the origin, even partially.

krogothmanhattan
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April 27, 2018, 10:02:42 PM
 #73

Another fake or forgery popping  up on Ebay..this time its from a new user newbie.

Ebay has been contacted about this and will hopefully shut down the auction.



https://www.ebay.com/itm/Casascius-1-Bitcoin-2011-Bitcoin-Free-Shipping/163019569743?hash=item25f4b93a4f:g:UTcAAOSwWFFa4etE


At that point just don't buy any coin that you can't trace the origin, even partially.

You mean provenance? That is a good idea but how do you do that with these coins? Especially redeemed ones? I know some people have bought directly from Mike and thus know where the coin came from but otherwise how would that be done? I was fortunate enough to buy a silver gilt 2013 1BTc directly from Mike right before he closed shop in 2013.

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April 28, 2018, 04:24:46 AM
 #74

I foresaw provenance being a big deal with crypto coins.

1. I have all of the correspondence with any deal I've made on this forum and others.
2. I have most of the envelopes / boxes the coins were shipped to me in.
3. I recorded on the box The Forum member I purchased the coins from, the coins, the serial number of the coins, the amount I paid in Bitcoin and translated into u.s. dollars.
4. And most importantly I left feedback with the reference to the original listing of where I purchased them.

I'm thinking about putting a list of the coins I own on this forum with all the details on the coin such as a description of the coin, funded or unfunded, who I bought the coins from with reference link if applicable, the date purchased, and pictures of the coins and COA's and such. All this to prove provenance and the validity of my collection.
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April 28, 2018, 04:31:18 AM
 #75

I foresaw provenance being a big deal with crypto coins.

1. I have all of the correspondence with any deal I've made on this forum and others.
2. I have most of the envelopes / boxes the coins were shipped to me in.
3. I recorded on the box The Forum member I purchased the coins from, the coins, the serial number of the coins, the amount I paid in Bitcoin and translated into u.s. dollars.
4. And most importantly I left feedback with the reference to the original listing of where I purchased them.

I'm thinking about putting a list of the coins I own on this forum with all the details on the coin such as a description of the coin, funded or unfunded, who I bought the coins from with reference link if applicable, the date purchased, and pictures of the coins and COA's and such. All this to prove provenance and the validity of my collection.

that is a nice idea indeed but you would also be showing your assets which might bring fud and risk to you!
I guess as long you have the details of your purchase, it should be fine when it comes to selling them
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April 28, 2018, 04:48:21 AM
 #76

I've contemplated that very point that you stated. Also I do not wish to part with any of my coins in the foreseeable future and in posting the list it might entice people to make offers. But I do have a list with people who have made offers on certain coins Wink
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April 28, 2018, 04:50:47 AM
 #77

I've contemplated that very point that you stated. Also I do not wish to part with any of my coins in the foreseeable future and in posting the list it might entice people to make offers. But I do have a list with people who have made offers on certain coins Wink


Hahah that is true! an open list means invitation to offers and sometimes you get tempted Tongue

On personal note, would love to see the list to see if we can maybe do some trades that are beneficial for both Smiley
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April 28, 2018, 04:58:51 AM
 #78

Don't worry when the time comes for me to get rid of some of my coins you most certainly will be notified. I believe I will post a full list of what I own, once I get all of them graded.
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April 28, 2018, 05:07:36 AM
 #79

Don't worry when the time comes for me to get rid of some of my coins you most certainly will be notified. I believe I will post a full list of what I own, once I get all of them graded.

hahah thanks!

and jungle slabs?  Sad Sad Sad
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April 28, 2018, 05:13:33 AM
 #80

Don't worry when the time comes for me to get rid of some of my coins you most certainly will be notified. I believe I will post a full list of what I own, once I get all of them graded.

hahah thanks!

and jungle slabs?  Sad Sad Sad

Unfortunately I wish I had done it before they change the color from yellow to Green but I figured it's best to do it now especially with certain coins being faked.
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